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I personally will not do it, and will go with early employee, but you need to evaluate what’s right for the business. If you do give equity - setup a vesting.
by genbit 9y ago
I personally will not do it, and will go with early employee, but you need to evaluate what’s right for the business. If you do give equity - setup a vesting.
https://www.quora.com/What-is-a-fair-amount-of-equity-for-a-late-co-founder-with-2-original-founders/answer/Jason-M.-Lemkin?share=89d9137a&srid=ivbn https://www.quora.com/What-is-a-fair-amount-of-equity-for-a-...
- jeffrese 9y agoWhat if I said he's asking for 30% equity?
- anonyx69 9y agoLaugh him out of the room. The guy is pulling in $15k/month from the job. Some equity might certainly be in order, but definitely setup a standard vesting schedule with a one year cliff. 1%-5% equity for an early hire makes perfect sense at your discretion.
- jeffrese 9y agoThanks! I was thinking 5% as well.